Show panel Hide panel

Best wins View all achievements

Show panel Hide panel

Last 3 posts Show blog

Avatar

EUR/USD: what train are you on; 1.1800 or

EUR/USD has been an impressive unit, last week taking on the 1.13 handle despite the concerns over the EZ and how the ECB may need to act accordingly by way of an extension to their QE programme.
This is an area that once the spotlight over the US economy is temporarily digested and switched to other relevant risk, (from Fed/rate hike and Nonfarm Payrolls shocker), the idea that the ECB is going to augment its QE plans could weigh heavily on the euro and all of a sudden we are looking at the 1.0…
Читать
Перевести на Английский Показать оригинал
иличтобы оставить комментарий
Avatar

AUD/USD bulls sigh of relief on Nonfarm Payrolls

AUD/USD has been based on the 0.70 handle since late September's trade after the price met supply at 0.7279 on the early September minor recovery from 0.6907. Last week's Nonfarm Payrolls miss will have the bears thinking twice as we approach this week's FOMC minutes as the main event on the calendar for the pair.
At the same time, while China is on holiday's, commodity prices will remain under the spot-light and despite the improvements of late in the prices of metals, the outlook continues to …
Читать
Перевести на Английский Показать оригинал
иличтобы оставить комментарий
Avatar

USD/CAD: worst week since April

Near the end of the week,USD/CAD is trading slightly above Friday’s lows consolidating weekly losses. For the third day in a row the loonie is the best performer among commodity currencies.
USD/CAD reverses
On Tuesday the pair climbed to 1.3458 and hit the strongest level in 11 years. Afterwards bounced to the downside, and started a reversal. It dropped on Wednesday after GDP data from Canada; it continued to decline on Thursday and on Friday bottomed at 1.3182, a 13-day low after the US emplo…
Читать
Перевести на Английский Показать оригинал
иличтобы оставить комментарий